January 3, 2023
BEAVERTON, Ore.—WiSA Technologies, Inc. (NASDAQ: WISA), a leading provider of immersive, wireless sound technology for intelligent devices and next-generation home entertainment systems, will be demonstrating its first port of its wireless multichannel audio software to an Android TV SoC platform. Demonstrations at CES are by appointment only and will be available January 5-8, 2023.
“We are excited to demonstrate WiSA’s multichannel audio software IP running on a standard Android TV SoC platform,” said Tony Parker, Vice President of Business Development and Strategy. “Embedding WiSA’s audio software onto a TV platform enables TV brands to cost-effectively add out-of-the-box, feature-rich wireless audio capabilities. Consumers can seamlessly connect compatible wireless speakers and enjoy an immersive audio experience transmitted wirelessly directly from the TV.”
WiSA’s IP software can support Android or Linux-based operating systems and is compatible with Wi-Fi. In 5GHz Wi-Fi applications, the solution is designed to scale from stereo to eight separate wireless audio channels.
WiSA Technologies will be demonstrating its software IP at CES 2023 in Las Vegas at the Embassy Suites by Hilton Convention Center. To schedule a product demonstration and discuss how WiSA’s software solution can enable increased revenue by embedding wireless audio capabilities in TVs, please contact James Cheng, VP Sales, at jcheng@wisatechnologies.com. For more information about WiSA Technologies, visit www.wisatechnologies.com.
WiSA Technologies, Inc. (NASDAQ: WISA) is a leading provider of immersive, wireless sound technology for intelligent devices and next-generation home entertainment systems. Working with leading CE brands and manufacturers such as Harman International, a division of Samsung; LG; Hisense; TCL; Bang & Olufsen; Platin Audio; and others, the company delivers immersive wireless sound experiences for high-definition content, including movies and video, music, sports, gaming/esports, and more. WiSA Technologies, Inc. is a founding member of WiSA™ (the Wireless Speaker and Audio Association) whose mission is to define wireless audio interoperability standards as well as work with leading consumer electronics companies, technology providers, retailers, and ecosystem partners to evangelize and market spatial audio technologies driven by WiSA Technologies, Inc. The company is headquartered in Beaverton, OR with sales teams in Taiwan, China, Japan, Korea, and California.
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This press release contains forward-looking statements, which are not historical facts, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements, including statements herein regarding revenue growth, production, stores and launches, are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. As a result, readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of risks and uncertainties impacting WiSA Technologies’ business, including the interoperability of WiSA E software, current macroeconomic uncertainties associated with the COVID-19 pandemic; our inability to predict or measure supply chain disruptions resulting from the COVID-19 pandemic and other drivers; our ability to predict the timing of design wins entering production and the potential future revenue associated with our design wins; our success in porting WiSA E software to various platforms; our rate of growth; our ability to predict direct and indirect customer demand for our existing and future products and to secure adequate manufacturing capacity; our ability to hire, retain and motivate employees; the effects of competition, including price competition within our industry segment; technological, regulatory and legal developments that uniquely or disproportionately impact our industry segment; developments in the economy and financial markets and other risks detailed from time to time in WiSA Technologies’ filings with the Securities and Exchange Commission.
Tony Parker, Vice President of Business Development and Strategy, WiSA Technologies: tparker@wisatechnologies.com
